C a n   K a z a k h s t a n   t a p   I s l a m i c    
F i n a n c e   t o   b e c o m e   a   r e g i o n a l    
I s l a m i c   F i n a n c e   h u b ?  

As the Central Asia’s largest and richest country, with a Muslim-majority population of around 18 million people, Kazakhstan wants its local Islamic banking industry, as an alternative source of capital for SMEs, to reach 3-5% of its total banking assets by 2020 from 0.08% in 2015. 

This article was first published in Islamic Finance news Volume 15 Issue 15 dated the 11th April 2018.

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Almaty, Kazakhstan
Banking & Finance
Practice area:
Finance and Securities
International Trade, Customs and WTO
Project Finance & Public-Private Partnership (PPP)
Restructuring & Insolvency
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